Metro residential sales retreat in the first quarter of 2008, except in the city of Moncton.

Although home sales in Moncton are indeed up, it was not enough to prevent a slide in the total number of residential unit sales in the metro area.
The average sale price increased in Moncton and Riverview but declined in Dieppe.
Larry Estabrooks
"Your Local Expert"

Moncton
Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
MAR-2008	159883	154920	97%	89 days	100
FEB-2008	164353	158513	96%	107 days	90
JAN-2008	163545	157890	97%	85 days	55
Averages:	162347	156906	97 %	95 days	245

Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
MAR-2007	157529	152087	97%	91 days	90
FEB-2007	144120	139379	97%	86 days	84
JAN-2007	149969	144674	96%	87 days	62
Averages:	150770	145616	97 %	88 days	236

Dieppe
Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
MAR-2008	152094	150816	99%	109 days	16
FEB-2008	179875	173742	97%	91 days	24
JAN-2008	187281	184211	98%	127 days	26
Averages:	176058	172308	98 %	110 days	66

Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
MAR-2007	167919	163963	98%	86 days	26
FEB-2007	185887	184267	99%	80 days	40
JAN-2007	218963	210994	96%	97 days	24
Averages:	189516	185529	98 %	87 days	90

Riverview
Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
MAR-2008	159032	155726	98%	63 days	19
FEB-2008	167750	163693	98%	79 days	28
JAN-2008	161625	158583	98%	69 days	12
Averages:	163697	160088	98 %	72 days	59

Month	Average List Price	Average Sale Price	Sale to List Price	Average List Duration	Number Of Sales
MAR-2007	145417	140736	97%	94 days	36
FEB-2007	138310	132838	96%	82 days	21
JAN-2007	177566	172776	97%	125 days	17
Averages:	150785	145855	97 %	98 days	74

(I caution that average price information can be useful in establishing trends, but does not indicate home prices in municipalities comprised of widely divergent neighborhoods.)

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Larry Estabrooks is a licensed independent real estate agent in Moncton, New Brunswick

www.LarryEstabrooks.com

www.MonctonGuide.com

email - larry@larryestabrooks.com 
for more contact information: www.LarryEstabrooks.com/contact/